Lexus brings Highway Teammate into the car

The Toyota luxury brand Lexus brings partial automation in the form of the Highway Teammate to its models this year. Nice 2017 Lexus announced that partial autonomy will be achieved this year. With the Highway Teammate will implement this announcement. You also want a rival system for Teslas autopilot bring to the market and even… Continue reading Lexus brings Highway Teammate into the car

Ford halts Puma deliveries due to airbag spring recall

Ford UK has confirmed that the new Puma crossover will be recalled, and deliveries have been halted, due to a potential airbag component problem.  The Nissan Juke rival only went on sale late last year, with some buyers of the initially prioritised First Edition models taking delivery last month.  However, Autocar obtained confirmation and a… Continue reading Ford halts Puma deliveries due to airbag spring recall

Dacia electric city car confirmed for launch within two years

The limited range enables Renault to keep the price low and, according to senior vice president for electric vehicles Giles Normand, the need for a big range is less important because this is a city car. In Chinese specification, the K-ZE has a 44bhp, 88lb ft electric motor. It needs seven seconds to reach 37mph… Continue reading Dacia electric city car confirmed for launch within two years

Next Kia EV will be ‘super-high-performance’ halo model

Kia‘s next electric vehicle (EV), due to arrive in 2021 based on last year’s Imagine concept, will be a high-end, high-performance showcase for the firm’s future line-up. The zero-emissions model, which will take a new nameplate, will sit above the existing e-Niro and Soul EV crossovers. Adding a third, larger model will help Kia reach its goal of a 6.6% global… Continue reading Next Kia EV will be ‘super-high-performance’ halo model

@Nio: NIO Announces Additional US$100 Million Private Placements of Short-term Convertible Notes

SHANGHAI, China, Feb. 14, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today announced that it has entered into definitive transaction documents with two unaffiliated Asia-based investment funds (the “Purchasers”), pursuant to which NIO will issue and sell convertible notes in an aggregate… Continue reading @Nio: NIO Announces Additional US$100 Million Private Placements of Short-term Convertible Notes

Yandex races ahead with driverless car plans

MOSCOW (Reuters) – Internet company Yandex (YNDX.O), which reported lower growth in fourth-quarter profit on Friday, is poised to test its driverless cars outside Russia this year. FILE PHOTO: A view shows a self-driving car owned and tested by Yandex company during a presentation in Moscow, Russia August 16, 2019. REUTERS/Evgenia Novozhenina/File Photo Yandex has… Continue reading Yandex races ahead with driverless car plans

Fiat Chrysler halts production in Serbia over China disruption

FILE PHOTO: The logo of car manufacturer Fiat is seen in Zurich, Switzerland October 30, 2019. REUTERS/Arnd Wiegmann/File Photo MILAN (Reuters) – Fiat Chrysler (FCA) (FCHA.MI) said on Friday it had temporarily halted production at its Serbian plant due to disruptions related to components sourced from China, where businesses have been hampered by the outbreak… Continue reading Fiat Chrysler halts production in Serbia over China disruption

Toyota Financial Services Issues Fifth Green Bond, Reinforcing Toyota’s Commitment to Sustainability

PLANO, Texas, Feb. 14, 2020 /PRNewswire/ — Toyota Financial Services (TFS) issued its latest unsecured Green Bond, reinforcing the company’s industry-leading commitment to the sale of environmentally friendly vehicles. Proceeds from the $750 million bond will be used to fund the acquisition of new retail installment contracts and operating lease contracts financing Toyota and Lexus… Continue reading Toyota Financial Services Issues Fifth Green Bond, Reinforcing Toyota’s Commitment to Sustainability

BMW aims to slash CO2 output by 20% in 2020

FRANKFURT: German high-end carmaker BMW aims to slash the amount of carbon dioxide (CO2) emitted by its cars sold in Europe this year by 20 percent, its chief executive said Wednesday. The pledge comes as new European Union regulations bite this year, requiring carmakers to sharply reduce fleet-wide emissions on pain of massive fines. “We… Continue reading BMW aims to slash CO2 output by 20% in 2020

Sample determination procedure: Diesel comparison failed – VW offers customers 830 million euros

Model declaratory action against VW The settlement negotiations failed for the time being, 400,000 VW customers were affected. (Photo: AP) Düsseldorf, Berlin The Comparative negotiations between the Federal Consumer Association (vzbv) and Volkswagen have failed for the time being. The carmaker said on Friday that an agreement had already been reached with the association. The… Continue reading Sample determination procedure: Diesel comparison failed – VW offers customers 830 million euros